When considering the top ten stock market crashes on a point basis, twenty percent of the most significant drops in stock market history have occurred in 2015, and the year is not over yet. August 24 and August 21 stock market drops of 500+ points on the worst list When the Dow Jones Industrial Average lost 588 points on August 24, 2015, shedding -3.58 percent of its value, a move largely attributed to Chinese economic wows but behind the scenes also attributed to pending U.S. Federal Reserve interest rate tightening, this was the eighth most significant one day drop in…
20 Percent Of Worst Stock Market Crashes Occurred In 2015
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.